Embrace the eCommerce Revolution: What Changing Customer Demand Means for the Pharma Industry

Time: 2:20 pm - 2:40 pm

Date: 24 April 2024

24-april-2024 14:20 24-april-2024 14:40 Europe/London Embrace the eCommerce Revolution: What Changing Customer Demand Means for the Pharma Industry

The talk will exploring the Impact of the eCommerce Revolution on the Pharmaceutical Industry, from a consumer-Centric Perspective. We will explore how online retail is changing expectations around the safe sale and distribution of medicines to the end user. What are customer expectations and how have they changed in recent years? Overall there is an… Read more »

Making Pharmaceuticals

Synopsis

The talk will exploring the Impact of the eCommerce Revolution on the Pharmaceutical Industry, from a consumer-Centric Perspective. We will explore how online retail is changing expectations around the safe sale and distribution of medicines to the end user.

What are customer expectations and how have they changed in recent years? Overall there is an increased demand for convenience and service, especially across the following areas

– Customers now expect to be able to shop online from anywhere, at any time
– They also expect to be able to checkout quickly and easily, with a variety of payment options available
– Higher expectations for product information and reviews
– Growing demand for personalised experiences
– Greater emphasis on sustainability and social responsibility
– Rising expectations for customer service and communication
– Customers require a greater variety of delivery and / or collection options

In a rapidly evolving retail landscape, it’s crucial for the pharmaceutical industry to adapt and innovate while keeping consumer wellbeing and safety at the forefront. Why and how should this be achieved? The talk will cover the following topics to answer this question.

The Role of eCommerce in Improving Access to Medications – expanding access to rural areas, home delivery for chronic patients etc.

A seamless Online Experience – virtual consultations with pharmacists or doctors online, smart medication reminders and adherence tools etc, clear product descriptions, personalisation etc.

Delivering convenience and service through the supply chain – online medication ordering, packaging, communication and delivery

Risks and Challenges Associated with eCommerce in Pharmaceuticals – MHRA, counterfeit medications online, data privacy concerns etc.

The Future: How will the eCommerce Revolution Shape the Pharmaceutical Industry? – eCommerce innovations and AI.

Learning Points
Conclusion will summarise the key learning points

– The benefits of the eCommerce revolution for consumers
– How the pharmaceutical industry can adapt to meet the changing expectations of consumer
– Looking forward to future and the benefits and opportunities

Speakers

  • Laura Ball Marketing & Business Development Director - PHL Group

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